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CNAIC Chairman Wu Tung-liang Urges Government to Address K-Shaped Economic Divide

Miscellaneous · cnyes · 2026-08-31

CNAIC Chairman Wu Tung-liang led a delegation to meet with President Lai Ching-te, presenting over ten proposals to bridge the K-shaped economic gap.

What Happened

Industry Proposals: CNAIC Chairman Wu Tung-liang led a delegation of 32 industry leaders to meet with President Lai Ching-te, submitting over ten proposals covering energy restructuring, tax reform, and tourism. Wu emphasized the need for continued Taiwan-US tax negotiations and improved energy grid resilience to support corporate operations.

Economic Performance: Wu highlighted Taiwan's robust economic growth, noting that the growth rate reached 14.15% in the first half of 2026. Taiwan has ascended to become one of the world's top 20 economies, with the local stock market capitalization ranking among the top five globally.

Addressing Disparity: To mitigate the K-shaped economic divide, Wu urged the government to accelerate the industrialization of AI and the integration of AI into traditional industries. He stressed that targeted policy support is essential to ensure more balanced growth across different sectors of the economy.

Government Cooperation: The delegation expressed gratitude for government support regarding US tariff challenges and overseas industrial clusters. Additional recommendations from the board members included reforms to labor and health insurance finances, incentives for electric vehicles, and strategies for attracting international talent.

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